India's foreign exchange reserves saw a significant increase of $10.512 billion, reaching $692.866 billion for the week ending July 31, driven by a rise in foreign currency assets and gold reserves.
Mike McCabe, COO and Deputy CEO of the Esports Foundation, believes India has "more potential than any country on the planet" for esports, citing its enormous fan base, improving competitive ecosystem, and evolving policy environment as key drivers for rapid acceleration in the sport.
The US senate last week passed a bill that would allow Washington to impose tariffs on major buyers of Russian energy.
The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.
A new report by Philips indicates that Artificial Intelligence is significantly enhancing healthcare in India, with 71% of professionals reporting increased patient capacity and 85% believing it improves patient outcomes. AI is also seen as a tool to improve access to quality healthcare in rural areas, with patients also embracing its benefits for more meaningful interactions with doctors.
All-rounders Hardik Pandya, Washington Sundar, and Nitish Kumar Reddy are expected to recover from their respective injuries and be available for selection for India's upcoming three-match T20I series against Afghanistan, providing a significant boost to the squad.
RBI Deputy Governor Rohit Jain discussed the future of India's foreign exchange markets, highlighting the increasing role of local currencies in cross-border trade, the impact of technology, and existing challenges. He emphasised the need for market evolution to facilitate India's global engagement, absorb shocks, and serve all users efficiently. Jain also addressed concerns about unauthorised forex trading platforms and the importance of customer awareness.
The upcoming Women's Asia Cup in Dubai could reignite a controversy for the BCCI regarding the trophy presentation if India reaches the final, as Pakistan's Mohsin Naqvi, who is also the ACC chief, might be on the dais, recalling a similar incident with the men's team last year.
Analysts predict that the Indian stock market's sentiment this week will be primarily influenced by the domestic GDP data announcement, crude oil prices, and the crucial US non-farm payrolls report.
H1N1 influenza cases have seen a recent increase in Delhi and parts of North India. Experts confirm it's a known strain, not more virulent, and advise precautions, especially for high-risk individuals like the elderly, children, and those with chronic illnesses. They stress the importance of rest, hydration, and medical consultation for severe symptoms, while also noting that most cases are mild and self-limiting.
Om Prakash Chouhan has taken the opening-round lead at the Rs 1 crore Coal India Open in Kolkata, delivering a spectacular eight-under 62. His impressive performance included a hole-in-one and an eagle, giving him a one-shot advantage over former Asian Tour winner Ajeetesh Sandhu.
'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'
Dhruv Jurel notched up an unbeaten 115 to propel India to a commanding 509 for 8 before they declared the first innings against Sri Lanka on day two of the second Test in Colombo.
President Donald Trump has advocated for stricter electoral laws in the US, praising India's election system and its requirement for photo identification. He highlighted Chief Election Commissioner Gyanesh Kumar's questioning of the lack of voter ID in American polls and used India's high voter turnout with minimal postal ballots as an example. Trump is pushing for the SAVE America Act, which would mandate proof of citizenship and nationwide voter ID, though the bill faces division in Congress.
The move comes amid growing demand from organisations in India for local access to Claude.
China has declared India's move to identify 27 places in Arunachal Pradesh by their standard names as "illegal, null and void," reiterating its claim over the region it calls Zangnan. India has consistently rejected China's renaming attempts, asserting Arunachal Pradesh as an integral part of India.
India skipper Shubman Gill has shed light on the team's meticulous approach to player fitness, explaining that while constant monitoring is in place, risk-avoiding decisions are sometimes necessary, especially in the demanding format of Test cricket, to protect both the player and the team's long-term interests.
Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.
India is currently examining Bangladesh's request for the extradition of former prime minister Sheikh Hasina, who has been living in India since her government's collapse in August 2024, with New Delhi confirming the issue is being processed according to established procedures.
Japanese 'flying car' manufacturer SkyDrive Inc plans to commercialise its eVTOL aircraft in India by 2028, initially focusing on medical logistics, particularly organ transportation. The company, backed by Suzuki, has signed an agreement with Air India and Suzuki for this purpose and is considering future manufacturing in India.
Air India and Air India Express are implementing mandatory psychoactive substance testing for all their 5,000+ pilots. This decision follows an incident where the pilot of a Phuket-Delhi flight, which experienced a sudden altitude drop injuring 24 people, tested positive for marijuana. The testing aims to enhance safety standards and reassure passengers.
Sri Lankan batter Sonal Dinusha has made history by smashing his fourth successive fifty-plus score against India in the ongoing Test series, joining an elite group of cricketing legends.
Despite large inflows of foreign funds mobilised through the Reserve Bank of India's (RBI's) concessional swap schemes, the rupee has seen little impact because the dollars have largely been absorbed into the central bank's reserves instead of being released into the spot market, according to market participants.
The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.
'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'
Organisers of the upcoming Badminton World Championships in New Delhi are employing an unusual method to prevent monkey intrusions: hiring professional mimics to imitate langur calls.
Indian women's hockey team captain Savita Punia believes their recent FIH Nations Cup triumph has instilled the confidence needed to challenge top teams and secure a podium finish at the upcoming World Cup.
Prime Minister Narendra Modi has called upon citizens to celebrate Independence Day with honour and pride, urging them to take a pledge for a developed India. This appeal comes amidst parliamentary sessions marked by protests from both ruling and opposition alliances.
India's foreign exchange reserves increased by USD 6.118 billion, reaching USD 682.354 billion for the week ending July 24, according to the Reserve Bank of India.
The Supreme Court has upheld the Bombay High Court's decision to cancel the bail of Saurabh Luthra, Gaurav Luthra, and Ajay Gupta, co-owners of the Birch by Romeo Lane nightclub in Goa. This ruling comes after a devastating fire at the nightclub last December claimed 25 lives and injured over 50. The apex court has directed the trio to surrender within two weeks and mandated the lower court to expedite the trial process.
As India prepares for their two-match Test series against Sri Lanka starting August 15, the team management faces critical decisions regarding their playing XI to bolster their World Test Championship 2027 final aspirations.
The Gujarat high court on Monday dismissed as withdrawn a plea of former India cricketer and Lok Sabha MP Yusuf Pathan's appeal against a single judge order passed in August last year, calling him an "encroacher" on a piece of government land in Vadodara.
The Gujarat high court on Monday dismissed as withdrawn a plea of former India cricketer and Lok Sabha MP Yusuf Pathan's appeal against a single judge order passed in August last year, calling him an "encroacher" on a piece of government land in Vadodara.
India's urban unemployment rate for individuals aged 15 and above marginally increased to 6.7 per cent in April-June, while rural unemployment rose to 4.8 per cent, according to the latest Periodic Labour Force Survey (PLFS). This rise in unemployment coincides with a notable decline in the overall labour force participation rate (LFPR) to a five-quarter low of 54.6 per cent.
'The prime minister has given us the task of taking at least 300 satellites to orbit in the next five to six years.'
Indian badminton players Gayatri Gopichand and Treesa Jolly secured a landmark women's doubles bronze medal at the World Championships, marking India's first in the category since 2011. Despite a semifinal loss to the world No. 1 pair, their impressive performance has instilled new belief and earned them a place among India's elite badminton medallists.
Veteran pacer Bhuvneshwar Kumar has declared himself 'absolutely ready' for a potential recall to the Indian team, including for the World Cup, following spin legend Ravichandran Ashwin's endorsement for his return.
India has asserted that the state of its border with China directly impacts the broader bilateral relationship, emphasising the critical importance of maintaining peace and tranquillity along the Line of Actual Control (LAC). The Ministry of External Affairs also firmly rejected China's claims over Arunachal Pradesh, reiterating its status as an integral part of India. This stance was reiterated during a recent Working Mechanism for Consultation and Coordination meeting, where both sides agreed to continue using diplomatic and military channels to resolve outstanding issues.
Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.
The Supreme Court has agreed to urgently hear the bail plea of advocate Surendra Gadling, who has been incarcerated for seven-and-a-half years in the 2018 Elgar Parishad-Maoist links case, with the hearing scheduled for next week.
